Exhibit 32-4

-Refer to Exhibit 32-4. If producers of this good engage in rent seeking which results in the government imposing a price floor of P?,then consumers' surplus ends up being area
A) D + E
B) A + B + C + D + E
C) A + B + C
D) C + E
E) A
Correct Answer:
Verified
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Q104: Rent seeking is the actions of
A) individuals
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